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The latest update is out from Bank of Georgia Group Plc ( (GB:BGEO) ).
Lion Finance Group PLC has announced a transaction involving the repurchase of 5,000 of its own shares on the London Stock Exchange as part of its ongoing share buyback and cancellation program. This strategic move is expected to optimize the company’s capital structure by reducing the number of shares with voting rights to 43,631,463, potentially enhancing shareholder value and aligning with the company’s commitment to sustaining high profitability and strong returns.
The most recent analyst rating on (GB:BGEO) stock is a Buy with a £92.00 price target. To see the full list of analyst forecasts on Bank of Georgia Group Plc stock, see the GB:BGEO Stock Forecast page.
More about Bank of Georgia Group Plc
Lion Finance Group PLC is a FTSE 250 holding company that operates primarily in the high-growth markets of Georgia and Armenia. Through its main subsidiaries, Bank of Georgia and Ameriabank, the company offers a range of banking and financial services with a focus on customer-centric, universal banking solutions. The company is committed to driving business growth, maintaining high profitability, and generating strong returns, while also contributing positively to the communities in which it operates.
Average Trading Volume: 62,044
Technical Sentiment Signal: Buy
Current Market Cap: £3.47B
For a thorough assessment of BGEO stock, go to TipRanks’ Stock Analysis page.